Haidilao International Holding Ltd. (OTCMKTS:HDALF) Stock Short Interest Drops 88.1%

Haidilao International Holding Ltd. (OTCMKTS:HDALF – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 933,900 shares, a decline of 88.1% from the September 15th total of 7,866,382 shares. Based on an average trading volume of 2,545 shares, the short-interest ratio is currently 367.0 days.

Haidilao International Price Performance

OTCMKTS HDALF opened at $1.18 on Friday. The business has a 50-day moving average price of $1.39 and a 200-day moving average price of $1.61. Haidilao International has a twelve month low of $1.11 and a twelve month high of $2.41.

About Haidilao International

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Haidilao International Holding Ltd. is a Chinese restaurant company best known for operating Haidilao, a hotpot dining brand. Its restaurants offer customizable hotpot meals in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in simmering broths at the table. The company also provides sauces, beverages, desserts and prepared dishes, with menus and offerings adapted to local markets.

Haidilao was founded in 1994 in Jianyang, Sichuan Province, China.

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